RRBs and Agriculture Finance

The setting up of RRBs has been a significant development in the Indian Banking scenario. The RRBs are state sponsored, regionally based and rural oriented CBs. The innovation in the field of rural finance has aroused a great deal of interest among policy makers and observers. It was in the early period of 1975 that the idea of setting up of RRBs was strongly mooted by the Narasimhan Working Group. The Group had foreseen better banking services to the weakest of the weak in the country side through the RRBs. These were conceived to combine the good features of both the co-operatives and the CBs which had served the rural community over several decades in the past. This book reviews the financing of agriculture by RRBs in India particularly Pinakini Grameena Bank which is catering the credit needs of rural peoplr in Kadapa, Nellore and Prakasam districts in the state of A.P.